Buffett had obtained the Goldman Sachs warrants as part of a capital injection he provided to the New York-based bank in September 2008.
'We intend to hold a significant investment in Goldman Sachs, a firm that I did my first transaction with more than 50 years ago', said Buffett. 'I have been privileged to have known and admired Goldman's executive leadership team since my first meeting with Sidney Weinberg in 1940'.
'We are pleased that Berkshire Hathaway intends to remain a long-term investor in Goldman Sachs', said Lloyd C. Blankfein, Chairman and Chief Executive Officer of Goldman Sachs.
Goldman Sachs Amends Terms of Warrants Held by Berkshire Hathaway (Goldman Sachs press release)
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